stories

Chevron Partners with Microsoft to Fuel Digital Transformation

Chevron announced a partnership with Microsoft Corp. establishing the company as Chevron’s primary cloud provider, accelerating the application of advanced technologies to drive performance and improve efficiencies.

Chevron Reports Q3 2017 Net Income of $2 Bn

Chevron Corporation (NYSE: CVX) today reported earnings of $2.0 billion ($1.03 per share – diluted) for third quarter 2017.

John B. Frank Elected to Chevron’s Board of Directors

Chevron Corporation (NYSE: CVX) announced that John B. Frank has been elected to Chevron’s board of directors. 

Chevron Announces 3Q 2017 Quarterly Dividend Today

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and eight cents ($1.08) per share.

Chevron Commits $500,000 to CA Wildfire Relief

Chevron today announced a contribution of $500,000 from the Chevron Global Community Fund to the American Red Cross in support of immediate relief efforts for the wildfires in Northern and Southern California.

Chevron Achieves First LNG Production at Wheatstone

Chevron Corporation announced it has started producing liquefied natural gas (LNG) at the Wheatstone Project in Western Australia

Michael K. Wirth Named Chairman and CEO of Chevron

Chevron Corporation (NYSE: CVX) today announced that its Board of Directors elected Michael K. Wirth, chairman of the board and chief executive officer, effective February 1, 2018.

Chevron Announces $1 Million for Hurricane Irma Relief

Chevron U.S.A. Inc. today announced a contribution of $1 million from Chevron and the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Irma.

$1 Million To Texas Hurricane Harvey Relief

Chevron Corporation announced that it is making a $1 million contribution to the American Red Cross for the immediate relief efforts under way to assist victims of Hurricane Harvey.

Chevron Brand Coming to Mexico in Late 2017

Chevron announces that the Chevron brand will be coming to Mexico, with the opening of the first Chevron-branded station expected in the coming weeks.

Chevron Technology Ventures Announces Catalyst Program

Chevron Technology Ventures announces the launch of its Catalyst ProgramTM, an initiative to promote technology innovation in the Houston, Texas, area and beyond.

Chevron Reports Second Quarter Net Income of $1.5 Bn

Chevron Corporation (NYSE: CVX) today reported earnings of $1.5 billion ($0.77 per share – diluted) for second quarter 2017, compared with a loss of $1.5 billion ($0.78 per share – diluted) in the second quarter of 2016.

Chevron Announces 2Q 2017 Quarterly Dividend Today

The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and eight cents ($1.08) per share, payable September 11, 2017.

Appeals Court Decision On Arbitral Awards

The Appeals Court of The Hague ruled in favor of Chevron Corp. on July 18, upholding a 2016 trial court decision that rejected an attempt by the Republic of Ecuador to nullify, or set aside, several arbitral awards rendered against Ecuador by an international arbitration tribunal.

Chevron Reports First Quarter Net Income of $2.7 Billion

Chevron Corporation today reported earnings of $2.7 billion ($1.41 per share – diluted) for first quarter 2017, compared with a loss of $725 million ($0.39 per share – diluted) in the 2016 first quarter.

Chevron Announces 1Q 2017 Quarterly Dividend Today

The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and eight cents ($1.08) per share, payable June 12, 2017.

Planned Sale of Bangladesh Companies Announced

Chevron Corporation (NYSE: CVX) announced that its wholly-owned subsidiary, Chevron Global Ventures, Ltd., has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh to Himalaya Energy Co. Ltd. 

Chevron Sells Geothermal Operations in Indonesia

Chevron Corporation (NYSE:CVX) announced that its wholly-owned subsidiaries have completed the sale of Chevron's geothermal business in Indonesia to Star Energy Consortium.

Chevron Starts Production Offshore Angola

Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola.

Production, Margins & Cash Flow Growth Plans

Chevron Corporation (NYSE: CVX) hosted its annual security analyst meeting in New York where executives highlighted the company's growing free cash flow from its advantaged portfolio.

Chevron Reports Fourth Quarter Net Income of $415 MM

Chevron Corporation (NYSE: CVX) today reported earnings of $415 million ($0.22 per share – diluted) for fourth quarter 2016, compared with a loss of $588 million ($0.31 per share – diluted) in the 2015 fourth quarter. Foreign currency effects increased earnings in the 2016 quarter by $26 million, compared with an increase of $46 million a year earlier.

Chevron Announces 4Q 2016 Quarterly Dividend Today

The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and eight cents ($1.08) per share, payable March 10, 2017.

Chevron Names Michael K. Wirth Vice Chairman in 2017

Chevron Corporation said today that Michael K. Wirth, executive vice president of Midstream and Development, has been named vice chairman.

Court Rejects Fraudulent Ecuadorian Judgment

A Canadian court has ruled that the fraudulent Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary.

Chevron Announces Sale of Geothermal Operations

Chevron Corporation announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron’s Indonesian and Philippines Geothermal assets.